You have probably heard the terms “Unsecured” and “Secured” debt come up many times in your search about bankruptcy and probably wondered what those terms mean. […]
Bankruptcy is known as a lawfully declared inability or impairment of capacity of an person or organization to pay its creditors. Creditors may file a bankruptcy […]
The process involved in a Chapter 11 bankruptcy filing differs from other bankruptcy actions in that the owner of the business acts as trustee and retains […]
Reaffirmation agreements are standard in bankruptcy. But before I can explain if you should sign a reaffirmation agreement, we need to understand exactly what a reaffirmation […]
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